PEKAN CHANGLON 2
Commercial Market
Median Price
RM 755,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Shop
3 properties
Median Price
RM 700,000
+11.9% CAGR
Median PSF
RM 500.00
+11.9% CAGR
3-Storey Storey Shop
1 properties
Median Price
RM 790,000
Median PSF
RM 564.00
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Double Storey Shop | 3 |
RM 700,000
±20K MAD
|
+11.87% |
RM 500.00
±15 MAD
|
+11.88% | |
3-Storey Storey Shop | 1 |
RM 790,000
|
- |
RM 564.00
|
- |
PEKAN CHANGLON 2 in Kubang Pasu, Kedah recorded 2 subsale transactions in 2023, with a median price of RM 755K and a median price per square foot (PSF) of RM 540.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 755K, with most transactions falling within a stable range of RM 720K to RM 790K, and a typical market range of RM 720K to RM 790K.
Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.
For price per square foot, the median is RM 540, with most transactions between RM 515 and RM 564. The usual range is RM 508.00 to RM 571.00, showing that most units are priced quite close to each other. With an IQR of RM 63.00 and MAD of RM 25, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
2 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
OFF JALAN CHANGLON - BKT KAYU HITAM
|
RM 720,000
|
RM 515.00
|
1,399 sqft
|
Nov 2023
|
Double Storey Shop |
OFF JLN CHANGLOON - BKT KAYU HITAM
|
RM 790,000
|
RM 564.00
|
1,400 sqft
|
Feb 2023
|
3-Storey Storey Shop |